Source
2024 Revenue
$5.7M
Customers
800
Funding
$0
YOY
51.9%
Avg ACV
$7.1K
Team
60
Founded
2018
How Source CEO Nicole Schmidt grew Source to $5.7M revenue and 800 customers in 2024.
krowdsourced is a unique resource for commercial designers in Portland. We are a central, commercial products resource bringing transparency and simplicity to project material specifications through our physical location and online database. krowdsourced is available to all A+D firms in the greater Portland area. It is a paid membership-based service for firms that assists commercial designers in the selection, specification, and sampling of products.
Last updated
Source Revenue
In 2024, Source's revenue reached $5.7M. The company previously reported $3.7M in 2023. Since its launch in 2018, Source has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Source Hit $5.7m revenue in October 2024 |
| 2023 | Source Hit $3.7m revenue in December 2023 |
| 2021 | Source Hit $1.3m revenue in April 2021 |
| 2018 | Launched with $0 revenue |
Source Valuation, Funding Rounds
Source is a bootstrapped Other Collaboration Software startup. Founded in 2018, Source has grown to $5.7M in revenue without raising any venture capital or outside funding.
As a self-funded Other Collaboration Software SaaS company, Source has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
Source Employees & Team Size
Source employs approximately 60 people as of 2026, down from 67 in 2023.
Source has 60 total employees in different roles and functions and 1 sales reps that carry a quota. They have 800 customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 60 employees (December 2024) |
| 2024 | Reached 53 employees (October 2024) |
| 2023 | Reached 67 employees (December 2023) |
| 2022 | Reached 31 employees (December 2022) |
| 2021 | Reached 27 employees (December 2021) |
| 2021 | Reached 15 employees (April 2021) |
Founder / CEO
Nicole Schmidt
Current CEO at Source. Past designer, past sales exec. Always passionate about the power of design in the built environment.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how Source acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about Source
What is Source's revenue?
Source generates $5.7M in revenue.
Who founded Source?
Source was founded by Nicole Schmidt.
Who is the CEO of Source?
The CEO of Source is Nicole Schmidt.
How much funding does Source have?
Source raised $0.
How many employees does Source have?
Source has 60 employees.
Where is Source headquarters?
Source is headquartered in Portland, Oregon, United States.
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Compare Source to the industry
Source operates across multiple industries. Browse revenue, funding, and growth data for Source in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .